$240M SunTrust Overdraft Settlement — Claim by Sept 14

$240M SunTrust Overdraft Settlement — Claim by Sept 14

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SunTrust Bank — now operating as Truist after its merger — has reached a massive $240 million settlement over allegations that it improperly charged customers overdraft fees. The settlement has received final court approval, meaning eligible customers can now file a claim to receive their share of the payout. The lawsuit alleged that SunTrust manipulated the order in which it processed transactions in a way that maximized overdraft fees charged to customers. This type of practice — often called "high-to-low reordering" — has been the subject of class action lawsuits against several major banks over the years. If you were a SunTrust customer who was charged overdraft fees, you may be entitled to a cash payment from this settlement. The deadline to file a claim is September 14, 2026, so don't wait too long to check if you qualify.
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Who Is Eligible?

You may be eligible to file a claim if you:

  • You were a SunTrust Bank customer (the bank is now known as Truist)
  • You were charged one or more overdraft fees on your SunTrust account
  • Your account was based in Georgia or you were otherwise covered under the settlement terms
  • You have not previously opted out of this class action
  • Additional eligibility details, including specific date ranges for covered accounts, are expected to be available on the official claim form — check the settlement website for the most current requirements

How Much Can You Get?

The total settlement fund is $240 million, making this one of the larger bank overdraft fee settlements in recent years. Individual payouts will vary depending on how many overdraft fees you were charged and how many valid claims are submitted in total — the more claimants who file, the smaller each individual share may be. Specific per-person payout amounts have not been publicly confirmed at this time. However, given the size of the fund, eligible customers who were frequently charged overdraft fees could potentially receive a meaningful cash payment. Keep an eye on the official settlement website for updated payout estimates as the claim deadline approaches.

How to File Your Claim

Filing your claim is quick and easy:

  • Confirm that you were a SunTrust Bank customer who was charged overdraft fees
  • Gather any relevant account information, such as your old SunTrust account number or statements showing overdraft charges (proof requirements are still being confirmed, so hold onto any documents you have)
  • Visit the official SunTrust overdraft settlement website to access the claim form
  • Complete the claim form with your personal and account information
  • Submit your claim before the September 14, 2026 deadline
  • Download the Class Action Buddy app to get step-by-step help filing this claim and to stay on top of other settlements you may qualify for

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Frequently Asked Questions

How do I file a claim for the $240M SunTrust Overdraft Settlement — Claim by Sept 14?

You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app auto-fills the PDF claim form, captures your signature, and submits the claim by mail on your behalf. (2) File directly with the settlement administrator using the official claim form linked on this page.

How do I know if I qualify for the SunTrust overdraft settlement?

If you had a SunTrust Bank account and were charged overdraft fees, you may qualify. The settlement primarily covers customers in Georgia. Full eligibility details, including the specific date range for covered transactions, should be available on the official settlement claims website. Class Action Buddy can help you navigate the eligibility requirements.

How much money will I get from the SunTrust overdraft settlement?

Individual payout amounts haven't been publicly announced yet. The total fund is $240 million, but your specific payment will depend on how many overdraft fees you were charged and how many total claims are filed. Customers who were hit with overdraft fees frequently may receive a larger portion.

What is the deadline to file a SunTrust overdraft settlement claim?

The deadline to submit your claim is September 14, 2026. Make sure to file before that date or you'll lose your chance to receive a payment from the $240 million settlement fund.

Do I need proof to file a claim in the SunTrust overdraft settlement?

Proof requirements haven't been fully confirmed yet. It's a good idea to gather any old SunTrust bank statements or account records that show overdraft fees you were charged, just in case. Having your old account number handy may also speed up the filing process.

Is SunTrust the same as Truist Bank?

Yes — SunTrust Bank merged with BB&T in 2019 and rebranded as Truist Bank. If you were a SunTrust customer before the merger, you may still be eligible to file a claim in this settlement even though the bank now operates under the Truist name.

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